TMN Commercial Continues Growth
TMN Commercial recently broke ground on a new 12,030-square-foot professional/medical office building at Watertower Place, East Lansing.
The development, located off Coolidge Road just north of Lake Lansing Road, is one of four large footprint office buildings built by TMN at Watertower Place.
"This is just a great location for an office, nearby both U.S. 127 and Eastwood Towne Center," Jeff Shapiro, vice president of development for TMN, said in a news release. “Based on the interest so far, we expect the building to be fully occupied upon completion.”
Demand for premium office space has remained strong despite a rough economy, Shapiro said. "Local small business owners and entrepreneurs continue to outwork their larger counterparts. The market for office space for small business remains remarkably strong with many of our clients moving into larger offices. Plus, we have recently seen an influx of new businesses moving in from out of the area. This is a solid market."
TMN has another office building on the drawing board. The 17,000-square-foot professional/medical building will be located just off the corner of Okemos Road and Jolly Road.
TMN occupancy rates are running at 92 percent, according to Shapiro.
TMN Commercial provides leasing, building and management services throughout mid-Michigan. CQX